WESTFIELD MEMORIAL HOSPITAL — History
CCN 330166 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$8M
Latest Revenue (FY2022)
+22.5%
Revenue CAGR (3yr)
-59.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $5M | $8M | $8M | -2.3% | +22.5% |
| Operating Expenses | $11M | $12M | $13M | +8.0% | +7.8% |
| Operating Margin | -100.0% | -43.9% | -59.1% | -34.7% | +0.0% |
| Net Income | $-6M | $-4M | $-5M | -31.5% | +0.0% |
| Licensed Beds | 9 | 9 | 4 | -55.6% | -33.3% |
| Total Patient Days | 191 | 652 | 671 | +2.9% | +87.4% |
| Medicare Day % | 48% | 39% | 45% | +14.6% | -2.6% |
| Medicaid Day % | 4% | 9% | 2% | -77.7% | -24.5% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +50.1% ($5M → $8M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+22.5%
This Hospital
+7.6%
State Avg
Latest Margin
-59.1%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $9M | -38.7% |
| FY2024 (proj) | $11M | -18.3% |
| FY2025 (proj) | $12M | 2.2% |